Discussion of article "Learn how to design a trading system by DeMarker"
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New article Learn how to design a trading system by DeMarker has been published:
Here is a new article in our series about how to design a trading system by the most popular technical indicators. In this article, we will present how to create a trading system by the DeMarker indicator.
According to this strategy, we need to create a trading system that can be used to check two values automatically after creating or defining them. These values are the current DeMarker values and the last five DeMarker average values. If the current value is greater than the average, we need the trading system to return the following values as a comment on the chart:
In the other scenario, if the current value is lower than the average, we need the trading system to return the following values based on this condition:
- DeMarker is weak
- Current DeMarker value
- 5 -period AVG DeMarker value
The following is the blueprint of this strategy to create its trading system of it.Author: Mohamed Abdelmaaboud